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nika2105 [10]
3 years ago
9

A deferred annuity is one in which interest charges are deferred for a stated time period. True or Flase

Business
1 answer:
Colt1911 [192]3 years ago
7 0

Answer:

False

Explanation:

A deferred annuity is a contract that guarantees a regular income or lump sum payments at a future date. It is a popular and effective way to supplement one's income in retirement days. Insurance companies mostly offer deferred annuities. The insured pays their premiums now and opts to delay in collecting their benefits until some later years. Deferred annuities are also a way of making long term savings.

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<em>sry </em><em>if </em><em>I </em><em>a</em><em>m</em><em> </em><em>wrong</em>

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The best answer for this question would be:

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1. Government has grown too large and should be reduced.  

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